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Studio for sale

£78,500

Beaumont Road, Plymouth PL4

1
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Property features

  • *cash buyers/investment only

Property description

*cash buyers/investment only.

To tap into Plymouth's lucrative student market Beaumont Square provides a total of 39 student studio apartments all completed to high-end hotel apartment style finishes. The location could not be more ideal, less than 1 mile from Plymouth University, the popular harbour district, and the city centre.

Tenants in Beaumont Square will be able to enjoy their fully self-contained studio in safety with a manned reception area and the security of 24 hour CCTV.

Prices start from £78,500, with property owners getting an assured 3 year net rental of 8%. All studios come fully furnished and managed, a truly hassle-free rental process for our purchasers. Contact us today for more information.

Plymouth is a proud city shaped by its considerable maritime history. It's true that the sea is at the heart of Plymouth, but if you are to turn your focus to the city itself you might be surprised to find that over 40% of Plymouth is actually green-space.

In 2003 a £266 Million regeneration project was announced by the city council. 'A Vision for Plymouth' set about delivering the highest possible quality buildings and public spaces for the people of the city to enjoy. This undertaking started to attract successful business, education facilities, living spaces, and recreation opportunities for citizens, investors, and visitors.

That vision is already reality! Residents are enjoying a flourishing community where the grand old once derelict buildings are now alive with cafes, bars, restaurants, museums, art galleries, offices and residential spaces. With the final phases of the regeneration set to be completed by 2020, Plymouth is truly a city on the up.

Considered a major growth area in the south west of England, it is a coastal city that has established itself as a shopping hot spot. In October 2006 the £170 Million Drake Circus shopping mall opened its doors, 10 years on and Drake Circus has welcomed over 176 Million shoppers, contributed over £1.3 Billion to the Plymouth economy, whilst creating 1,750 jobs in the process.
Gaining a reputation as a world class university city, Plymouth's student sector is growing year on year. It is no small wonder that students are spending £8.5 Million on accommodation each week!
There were over 37,000 students enrolled in higher education during 2015/16 in Plymouth. This is largely thanks to the University of Plymouth, which ranks in the top 2% of degree-granting institutions of higher education worldwide.

To tap into Plymouth's lucrative student market Beaumont Square provides a total of 39 student studio apartments over 2 apartment blocks (Block A = 22 studios | Block B = 17 studios). The location could not be more ideal, less than 1 mile from Plymouth University, the popular harbour district, and the city centre.

Tenants in Beaumont Square will be able to enjoy their fully self-contained studio in safety with a manned reception area and the security of 24 hour CCTV, giving both the students and their parent's full piece of mind.

Prices start from £78,500, with investors getting an assured 3 year net rental of 8%. All studios come fully furnished and managed, a truly hassle-free rental process for our purchasers. With such a limited amount of units available and the development already being under construction, we expect these development to sell out fast. To learn more about Beaumont Square please fill out the form today.

Development Specifications:

Included Kitchen Appliances:
• Microwave Combi Oven
• Fridge/Freezer
• Ceramic Hob

Free Furniture Pack Includes:
• Double Bed
• Wardrobe
• Waste Paper Bin
• Mirror
• Desk
• Swivel office chair
• Pinboard
• Window Blinds
• 2 seater table with 2 chairs
• Coat Pegs

View original

Market activity
Average price paid £150,267 Sales 430 Current average value £165,781 (Zoopla Zed-Index) Value change £1,931 ▲ 1.18%

Property value data/graphs for PL4

Property type Avg. current value Avg. £ per sq ft. Avg. # beds Avg. £ paid (last 12m)
Detached £240,691 £204 3.5 £255,000
Semi-detached £189,638 £161 3.4 £182,293
Terraced £181,567 £158 3.5 £163,115
Flats £132,191 £220 1.8 £118,330

Current asking prices in PL4

Average: £155,170
Avg. current asking prices in PL4
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £124,975
(2)
£158,431
(16)
£180,906
(45)
£214,352
(43)
£237,257
(15)
Flats £80,702
(106)
£150,586
(55)
£148,575
(6)
£204,000
(2)
-
All £81,522
(108)
£152,354
(71)
£177,102
(51)
£213,892
(45)
£237,257
(15)

Current asking rents in PL4

Average: £948 pcm
Avg. current asking prices in PL4
Property type 1 bed 2 beds 3 beds 4 beds 5 beds
Houses £405 pcm
(37)
£510 pcm
(5)
£786 pcm
(10)
£992 pcm
(23)
£1,552 pcm
(21)
Flats £467 pcm
(118)
£664 pcm
(38)
£737 pcm
(14)
£381 pcm
(1)
£364 pcm
(1)
All £452 pcm
(155)
£646 pcm
(43)
£757 pcm
(24)
£967 pcm
(24)
£1,498 pcm
(22)

Fun facts for PL4

Highest value in PL4
Highest value streets Zed-Index
Harbour Avenue £363,780
North Quay £357,180
Addison Road £321,231
Queens Road £307,589
Parsonage Way £296,780
Highest turnover in PL4
Highest turnover streets Turnover
St. Lawrence Mews 58.3%
Pearson Avenue 50.0%
Ford Park 43.1%
Glen Park Avenue 41.5%
Bradley Road 41.2%

What Zoopla users think of St. Judes

Overall rating:

  • currently 4 stars
Very good - 78%

Ratings breakdown:

  • currently stars
Community & safety
  • currently stars
Entertainment & nightlife
  • currently stars
Parks & recreation
  • currently stars
Restaurants & shopping
  • currently stars
Schools & public services
  • currently stars
Transport & travel

Rate St. Judes:

Tell us what you think of this area by rating these categories.
Please note your vote will only be counted once.

Community & safety
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Entertainment & nightlife
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Parks & recreation
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Restaurants & shopping
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Schools & public services
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5
Transport & travel
  • currently stars
  • 1
  • 2
  • 3
  • 4
  • 5

Nearby transport

  • Plymouth (0.8 miles)
  • Devonport (Devon) (2.0 miles)
  • Devonport Dockyard (2.2 miles)
  • Exeter International Airport (40.1 miles)
  • Cardiff Airport (78.6 miles)
  • Bristol Airport (93.0 miles)
  • Plymouth (Barbican) Landing Stage (0.6 miles)
  • Plymouth Mount Batten Ferry Landing (0.9 miles)
  • Plymouth Ferry Terminal (1.4 miles)

Nearby schools

View all schools in Plymouth
  • Salisbury Road Primary School (0.2 miles)
  • Holy Cross Catholic Primary School (0.2 miles)
  • Mount Street Primary School (0.3 miles)
  • City College Plymouth (1.8 miles)
  • UTC Plymouth (2.1 miles)
  • Lifeworks College (19.0 miles)
  • ACE Schools Plymouth (0.5 miles)
  • Plymouth High School for Girls (0.5 miles)
  • Lipson Co-operative Academy (0.7 miles)
Note: Distances are straight line measurements

Local info for Plymouth

About the neighbours in PL4

AskMe Q&A for Plymouth

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For more information about this property, please contact
Property Eagle, KT16 on +44 1932 964593 * (local rate)

Monthly running costs Beta

£496 Monthly total

Mortgage

Purchase price
Deposit (10%) 7,850
Repayment term 25
Interest rate 1.5
Your payment £282 /mo How Much Could I Borrow

These results are not provided by NatWest and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

Your home or property may be repossessed if you do not keep up repayments on your mortgage.

Home Insurance

Rebuild value up to £1,000,000 Contents value up to £75,000 Average insurance cost £21/mo (£248/yr) In partnership with uSwitch
Home insurance costs explained

Home Insurance is based on the average price of a building and contents quote for a property in this area in the last 48 months.

Source: Autonet Insurance Ltd

What more do I get

Up to 9 smart home sensors

Included in the price of your cover

Home emergency assistance

Included in the price of your cover

Contents cover

£75,000 to Unlimited

Buildings cover

£750,000 to Unlimited

Energy

Gas £19 Electricity £26 Estimated energy cost £45/mo In partnership with uSwitch
Energy costs explained

The estimated energy cost for this property has been calculated using actual energy usage data for a property of this type, number of bedrooms and region.

Estimated consumption

Gas: 5000 kWh/year
Electricity: 1800 kWh/year

Source: National Energy Efficiency Data Framework

Council Tax

Local authority

Plymouth

Estimated tax band A Council tax cost £111 /mo
when paid over 10 months
Council tax costs explained

The Council Tax cost displayed is based on the council tax band and on the basis of 2 adults living at the property. The monthly cost shown excludes any discounts and is rounded to the nearest pound.

Full information on Council Tax discount entitlements can be found on the Gov.UK’s website.

Water

Supply £15 Sewerage £22 Estimated water cost £37 /mo
Water costs explained

Water consumption is based on average water usage for the predicted occupancy of the property based on the number of bedrooms.

Total annual consumption (in cubic meters) is then averaged into a monthly cost.

Note: If you have 2 separate suppliers for water and sewage, you may receive 2 separate bills.

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Disclaimer

Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Property Eagle, and do not constitute property particulars. Please contact Property Eagle for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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